Robeco Institutional Asset Management B.V. Buys 29,925 Shares of Credicorp Ltd. (NYSE:BAP)

Robeco Institutional Asset Management B.V. lifted its stake in shares of Credicorp Ltd. (NYSE:BAP - Free Report) by 22.2% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 164,632 shares of the bank's stock after purchasing an additional 29,925 shares during the period. Robeco Institutional Asset Management B.V. owned approximately 0.21% of Credicorp worth $30,180,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. FMR LLC grew its stake in Credicorp by 6.1% during the 3rd quarter. FMR LLC now owns 3,446,621 shares of the bank's stock valued at $623,735,000 after acquiring an additional 199,137 shares in the last quarter. Massachusetts Financial Services Co. MA boosted its stake in Credicorp by 0.5% during the 3rd quarter. Massachusetts Financial Services Co. MA now owns 3,042,882 shares of the bank's stock valued at $550,670,000 after purchasing an additional 13,868 shares during the period. Baillie Gifford & Co. grew its position in Credicorp by 2.5% in the 3rd quarter. Baillie Gifford & Co. now owns 1,674,261 shares of the bank's stock worth $302,991,000 after purchasing an additional 41,409 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its stake in Credicorp by 782.7% during the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,326,947 shares of the bank's stock valued at $240,138,000 after acquiring an additional 1,176,612 shares during the period. Finally, State Street Corp boosted its stake in Credicorp by 2.0% during the third quarter. State Street Corp now owns 1,123,023 shares of the bank's stock worth $207,235,000 after buying an additional 21,943 shares in the last quarter. Institutional investors and hedge funds own 89.81% of the company's stock.

Credicorp Trading Down 0.0 %

Credicorp stock traded down $0.09 during mid-day trading on Monday, hitting $183.01. The stock had a trading volume of 135,054 shares, compared to its average volume of 258,437. The stock has a 50-day simple moving average of $185.61 and a two-hundred day simple moving average of $180.75. The company has a current ratio of 1.07, a quick ratio of 1.07 and a debt-to-equity ratio of 0.66. The stock has a market capitalization of $14.56 billion, a PE ratio of 10.50, a P/E/G ratio of 0.49 and a beta of 1.12. Credicorp Ltd. has a 12 month low of $147.29 and a 12 month high of $200.00.

Credicorp (NYSE:BAP - Get Free Report) last announced its quarterly earnings data on Thursday, November 7th. The bank reported $5.08 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $4.67 by $0.41. Credicorp had a net margin of 20.11% and a return on equity of 15.59%. The firm had revenue of $1.76 billion for the quarter, compared to analysts' expectations of $1.36 billion. During the same period last year, the firm earned $4.23 earnings per share. As a group, sell-side analysts forecast that Credicorp Ltd. will post 18.91 EPS for the current year.

Wall Street Analysts Forecast Growth

Several equities analysts recently commented on BAP shares. JPMorgan Chase & Co. boosted their price target on Credicorp from $200.00 to $219.00 and gave the company an "overweight" rating in a research note on Tuesday, November 12th. Bank of America cut shares of Credicorp from a "buy" rating to a "neutral" rating and cut their target price for the company from $209.00 to $208.00 in a research note on Monday, December 16th. Finally, The Goldman Sachs Group raised their price target on Credicorp from $143.00 to $160.00 and gave the company a "sell" rating in a report on Tuesday, October 8th.

About Credicorp

Credicorp Ltd. provides various financial, insurance, and health services and products primarily in Peru and internationally. It operates through Universal Banking, Insurance and Pensions, Microfinance, and Investment Banking and Equity Management segments. The Universal Banking segment grants various credits and financial instruments to individuals and legal entities; and various deposits and current accounts.